Latest update 04.08.2024

A. Tax in Media

Sr. no.CategoryIn briefIn detail / Reference
1GSTDGGI gives partial relief to Infosys, closes Rs 3,898 cr FY18 GST tax case
DGGI, has given partial relief to IT services major Infosys by closing the tax proceedings for financial year 2017-18 (FY18), the company informed exchanges on Saturday evening. The GST amount during this period was Rs 3,898 crore.
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2GSTAMFI Urges Government To Reconsider Tax Proposals On STT, Capital Gains, Section 50AA
The Association of Mutual Funds of India has urged the government to reconsider tax proposals on capital gains in equities and debt instruments in the Union budget 2024 introduced last week.
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3GSTMamata writes to Sitharaman, urges her to withdraw GST on health insurance
West Bengal Chief Minister Mamata Banerjee on August 2 wrote to Union Finance Minister Nirmala Sitharaman and urged her to withdraw 18% GST on life insurance and health insurance policies.
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4Income taxITR filing: When will you get income tax refund?
The last date to file an income tax return (ITR) ended on July 31, 2024, and taxpayers are now awaiting the refund of excess tax paid.
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